28 Jan Target Giving $500 Pandemic Bonuses To 375,000 Frontline Employees
Target said it would be rewarding its frontline workers with $500 bonuses for their efforts during a “year unlike others” in 2020. Members of Target’s...
Author: Andy Polk
21 Jan Nike Sues Nearly 600 Websites For Selling Counterfeit Sneakers
Nike filed a lawsuit against 589 websites allegedly selling counterfeit versions of its Nike and Converse shoes online. In a 130-page suit filed yesterday in New...
14 Jan VF Corp. Names Shanghai As New APAC Headquarters
VF Corp. announced a transformation plan for its Asia Pacific operations focused on evolving the region’s organizational design and footprint and building new capabilities to...
14 Jan 2020 Retail Imports May Break Record Despite Pandemic
Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic and remain at high levels as 2021 begins, according...
14 Jan StockX Sees Record Growth in 2020
StockX said it recorded $1.8 billion in gross merchandise value (GMV) in 2020 and closed more than 7.5 million trades during the year. The marketplace provided...
07 Jan Adidas Raises Commitment To Sustainable Products
Adidas AG said more than 60 percent of its products will be made with sustainable materials in 2021. From 2024 onward, Adidas is committed to...
07 Jan Wolverine WorldWide Names President, Global E-Commerce
Wolverine World Wide Inc. announced the appointment of Matt Blonder as its new president, global e-commerce. Most recently, he was global head of digital at...
07 Jan Spyder To Expand Into Footwear
Spyder, which is is owned by Authentic Brands Group (ABG), has partnered with Footwear Unlimited, to support the brand’s launch into footwear. The new collection, to...
17 Dec StockX Raises $275M Series E Funding
StockX announced it has raised $275 million in a Series E funding round that values the live marketplace at $2.8 billion post-money. The investment will be...
14 Dec Adidas Assesses Strategic Alternatives For Reebok
Adidas AG said it has begun a review of whether to sell its underperforming Reebok brand. Adidas said Monday it will announce a decision on...
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